[ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth! - page 119.

TalRasha

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Quote from: Gandalf86 on August 30, 2017, 02:51:54 PM

Quote from: TalRasha on August 30, 2017, 02:10:46 PM

I was checking block explorer on this website https://chainz.cryptoid.info/xspec/#!rich
I would like to ask why is that number so low, 919 addresses only, why is there so few addresses on spectre. Does that mean that people are just having spectre on cryptopia and not using wallets ?

One reason could be that there are simply few people who have heard of Spectre yet.

Also keep in mind that not all funds are displayed in the block explorer, it does not display those stored as private balances.

Thx for the reply, that makes sense, so there can be thousands of stealth addresses that wont be shown there, + people that have coins on cryptopia on their wallet + few people

skichamp84

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This tech is awesome. Once people start realizing TOR integration is the way its going to get crazy. I love how active the community is and cant wait to see it grow.

found XSPEC when it was at $0.10 fuck me an I happy now. If deep onion is sitting at $4.00 then I can see this coin being one of those $10+ coins easily. I cant wait for the future!

sirsplashalot

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Quote from: TalRasha on August 30, 2017, 02:10:46 PM

I was checking block explorer on this website https://chainz.cryptoid.info/xspec/#!rich
I would like to ask why is that number so low, 919 addresses only, why is there so few addresses on spectre. Does that mean that people are just having spectre on cryptopia and not using wallets ?

Yes, those are sell orders.

And the other addresses are stealth addresses.

Gandalf86

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Activity: 1330

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Coin Mage

Quote from: TalRasha on August 30, 2017, 02:10:46 PM

I was checking block explorer on this website https://chainz.cryptoid.info/xspec/#!rich
I would like to ask why is that number so low, 919 addresses only, why is there so few addresses on spectre. Does that mean that people are just having spectre on cryptopia and not using wallets ?

One reason could be that there are simply few people who have heard of Spectre yet.

Also keep in mind that not all funds are displayed in the block explorer, it does not display those stored as private balances.

TalRasha

newbie

Activity: 48

Merit: 0

I was checking block explorer on this website https://chainz.cryptoid.info/xspec/#!rich
I would like to ask why is that number so low, 919 addresses only, why is there so few addresses on spectre. Does that mean that people are just having spectre on cryptopia and not using wallets ?

srqrebel

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Quote from: koYnsta on August 30, 2017, 11:32:13 AM

plus the 5% is a good balance between incentive to generate passive income by staking on the one hand and not too much inflation for the coin ecosystem on the other hand.
I mean this could keep the users interest in staking instead of dumping Wink

Excellent point about it disincentivizing dumping. Not only do the rich staking rewards offset any speculative gains from dumping - people who stake their coins don't have them parked at an exchange with an itchy trigger finger, since the coins have to be kept in a wallet in order to stake.

koYnsta

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plus the 5% is a good balance between incentive to generate passive income by staking on the one hand and not too much inflation for the coin ecosystem on the other hand.
I mean this could keep the users interest in staking instead of dumping Wink

srqrebel

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The 5% annual inflation rate is a sweet bonus to someone who keeps their wallet open for staking 24/7 (or even just part time, but regularly.) Since the staking reward distribution amounts to 5% of the overall supply, but goes only to those who have their wallets open for staking, and many holders don't stake at all, those who do stake regularly end up with more than 5% of their balance annually in staking rewards.

A few people have objected to the 5% inflation rate, but I don't get where these objections are coming from. 5% is not nearly high enough to affect the utility of Spectre as a stable currency, but it is a sweet reward for those who stake. So, instead of objecting to the small and steady inflation rate, how about staking your coins on a regular basis, thus keeping up with the inflation rate? Or better yet, stake 24/7 and beat the inflation rate, and claim some free money.

andriyana

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whether there are bounty and airdrop projects for coin farmers

puremage111

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Quote from: TalRasha on August 29, 2017, 12:02:59 PM

Quote from: Gandalf86 on August 28, 2017, 03:24:09 PM

Quote from: nekohachicoin on August 28, 2017, 11:10:37 AM

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours Cheesy

) What do you think guys.

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes Lips sealed

, thats going to be a problem and an advantage Cool

.

5% is still okay compare to most of the coin
1-2% for certain coins work but that would for large number of coins

Spectre has only 20M + so its still okay xd

spoonyg

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Quote from: TalRasha on August 29, 2017, 12:02:59 PM

Quote from: Gandalf86 on August 28, 2017, 03:24:09 PM

Quote from: nekohachicoin on August 28, 2017, 11:10:37 AM

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours Cheesy

) What do you think guys.

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes Lips sealed

, thats going to be a problem and an advantage Cool

.

Another point to consider, is that a small inflation rate, hard to say what exactly, offsets the coins that are lost forever due to wallets getting lost, destroyed etc. There are tons of stories of people who have lost wallets with no backups.

Gandalf86

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Coin Mage

Quote from: TalRasha on August 29, 2017, 12:02:59 PM

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours Cheesy

) What do you think guys.

5% is not too much. It works as an incentive to support the network. I don't see how using or spending coins would have any benefit for the security of the network.

Quote from: TalRasha on August 29, 2017, 12:02:59 PM

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes Lips sealed

, thats going to be a problem and an advantage Cool

.

Yes, that would be great for Spectre! Wink

Because Spectre is extremely difficult to take down, as everything is running between Tor nodes. In order to take down Spectre, they would need to take down Tor! Cool

And as Tor (with OBFS4, which we are using!) even works in extremely restrictive countries like China or Iran - good luck with that. Grin

TalRasha

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Quote from: Gandalf86 on August 28, 2017, 03:24:09 PM

Quote from: nekohachicoin on August 28, 2017, 11:10:37 AM

I am very interested in this coin.
I think that it is a wonderful coin with a promising potential,
but is the maximum coin issuance limit not pear?

There is no max. Each year, 5% will be added. A max supply doesn't really make sense with a POS-only coin.

See: http://coinwiki.info/en/SpectreCoin#Specifications

5% is looking a bit too much compared to this https://www.statista.com/statistics/191077/inflation-rate-in-the-usa-since-1990/ I am not 100% positive if the numbers are absolutely correct here, but anyways, Looks like 1 - 2% is going to be better.

Since the PoS is future in my opinion, especialy because the speed and the scalabitliy is the future. If we want to get mass adoption, to not get into the point where the bitcoin is today. I would like a system of staking that is incentivizing stakers to use - sell - throw their or part of their "5%" back to the market. Something like PoS - PoI (proof of importance) that is using NEM. Its a PoS that is incentivizing stakers to use their coins (not just sending to another wallet of yours Cheesy

) What do you think guys.

Another thing, what do you think about governments cracking on the anonymity coins. I guess anonymity coins are going to be first ones attacked by govs, Have you any ideas how to avoid that, or some vision into the future in case its going to happen. You know anonymity coins wont have to pay taxes Lips sealed

, thats going to be a problem and an advantage Cool

.

VEEGOLD

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Iron sharpeneth iron BTC 13TZeA5bWGfrAsUqbnAUiQHhq

Hopefully in no distant future XSPEC should be to the anon coins what bitcoin is to cryptocoin

vrap.pm

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Im also investing in this coin because i think anom coins will be very important in rhe future.

Fara Chan

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Bitcoin Casino Est. 2013

Quote from: faxxer on August 28, 2017, 11:09:55 AM

I think it can hit 5usd in end of the year.

I think it might happen for a good coin like this ..
Let's join invest for making this project more successful, hopefully more and more investors are joining

Bitman86

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Leo Bitman

Quote from: Learning2Fly on August 28, 2017, 06:16:38 PM

How are you different from XMR beyond just the tor intergration? I am interested in investing.

Well it's a very special question, I can tell you one of the reasons why I sold my xmr last year and buy xspec.
There was a big party when the new xmr wallet came out, I tried it and it reminded me of the old days of MSDOS,
yes, command line, in times when Windows reached its final and definitive version. Disappointed me.
The wallett of SpectreCoin, is simply being on Mars when the others try to reach the Moon.
By the way I almost forgot, before and now also, the SpectreCoin value growth expectation is higher.

VEEGOLD

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Iron sharpeneth iron BTC 13TZeA5bWGfrAsUqbnAUiQHhq

Quote from: Learning2Fly on August 28, 2017, 06:16:38 PM

How are you different from XMR beyond just the tor intergration? I am interested in investing.

apart from tor XMR uses alot of energy to confirm transactions (pow) while XSPEC uses less energy (posv3)

Learning2Fly

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How are you different from XMR beyond just the tor intergration? I am interested in investing.

Bitman86

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Leo Bitman

Quote from: jpatz100 on August 28, 2017, 04:14:18 PM

There was a bit of FUD on some forums that I was reading today considering the Ring Signature code used by XSPEC. Is the Ring Signature code updated so that it works properly and isn't prone to breaches? Is the dev team working on fixing this problem?

It is only FUD, (and poor quality) you can see in this link that this was answered well, 7 months ago:

https://bitcointalksearch.org/topic/m.17636592

Topic: [ANN]Spectrecoin[XSPEC] TOR+OBFS4, Ring Sig, Stealth! - page 119. (Read 94882 times)